MCF Advisors LLC Buys 23,013 Shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

MCF Advisors LLC lifted its stake in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 205.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,225 shares of the company’s stock after acquiring an additional 23,013 shares during the quarter. MCF Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $948,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Bank of New York Mellon Corp boosted its position in Schwab U.S. Mid-Cap ETF by 53.7% in the second quarter. Bank of New York Mellon Corp now owns 5,938 shares of the company’s stock worth $462,000 after purchasing an additional 2,074 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 10.9% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 11,543 shares of the company’s stock worth $898,000 after purchasing an additional 1,131 shares during the period. Blankinship & Foster LLC lifted its stake in shares of Schwab U.S. Mid-Cap ETF by 6.9% in the 2nd quarter. Blankinship & Foster LLC now owns 18,875 shares of the company’s stock worth $1,469,000 after purchasing an additional 1,211 shares during the period. Trinity Legacy Partners LLC boosted its holdings in shares of Schwab U.S. Mid-Cap ETF by 2.1% in the second quarter. Trinity Legacy Partners LLC now owns 137,553 shares of the company’s stock worth $10,706,000 after buying an additional 2,793 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in Schwab U.S. Mid-Cap ETF by 56.9% during the second quarter. AQR Capital Management LLC now owns 80,039 shares of the company’s stock valued at $6,229,000 after buying an additional 29,028 shares during the period.

Schwab U.S. Mid-Cap ETF Trading Up 1.5 %

Shares of SCHM stock opened at $29.24 on Wednesday. The company has a 50 day simple moving average of $28.71 and a two-hundred day simple moving average of $27.66. The stock has a market cap of $4.19 billion, a P/E ratio of 16.47 and a beta of 1.09. Schwab U.S. Mid-Cap ETF has a 12 month low of $24.54 and a 12 month high of $30.28.

About Schwab U.S. Mid-Cap ETF

The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.